I have several clients utilizing this same strategy here in Columbus, Ohio.

BTR is growing here. columbus is mostly a suburban market but you have to entitle farmland in 15 acre tracts 

Had an offer accepted on a house in the Reeb-Hosack area of Columbus OH.

Here in Columbus, OH, Section 8 has raised their monthly rental amounts every 6-10 months for a couple of years now making it very attractive for lots of investors. 

we build ground up and don't collateralize anything. we build at a discount in Columbus Ohio and we build cheaper than every builder I've seen in our market and because of that we make each person self fund a retainer account. we don't extend any credit to anyone. opposite of what you are saying. builders that bring value call the shots. 

Quote from @Jacob Sherman: ground up construction is always much cleaner . in a fix and flip there are many unknows that may pop up after the demo stage is complete  this guy knows what he's talking about. forget fix and flip. new construction also appraises 20% above at least existing depending on age plus land cost is cheaper and less competitive, especially in markets like columbus 

ULI to mee is a little too focused I was in it in columbus and wasn't really worth it.

I have sellers of a t6-8 zoned property that would take 1 million right now I'm sure in Wynwood Norte. we can go 12 stories through max incentives and put 60 dwelling units on it. we entitle the land it becomes worth 3 million, then you have construction numbers, sale prices, etc. miami is crazy. the best way to make money from a professional in this industry for 13 years who lives in miami and looks at deals in columbus and miami is development and getting involved in early development opportunities of raw land in urban settings where there is very little risk and pushing high density.

Columbus and Cleveland, Ohio, all day.

I invest and work in Columbus, Ohio.